HDFC Bank currently ranks as the largest private bank in India, both by assets and market capitalization. The company has the third-largest market capitalization on the Indian stock exchanges, with $112.76 billion. With nearly 120,000 employees, it is also the fifteenth largest employer in India.
SBI, HDFC and ICICI are the safest banks by virtue of being declared too big to fail by RBI. It doesn't hurt that they are also financially healthy as well.
State Bank of India (SBI)
Having 23% of shares of the total market assets in India, this bank is the largest public sector bank of India and tops the list of best bank in India. It also holds 1/4th of the total loans and deposits in the current financial market.
Some of the key results of the comparison between the two banks are: Lowest Interest rate of SBI Loan is 9.60%, which is lower than the lowest interest rate of HDFC Bank at 10.25%. Hence, SBI is offering a cheaper loan option. ... Therefore, HDFC Bank can be a better option if you are looking for a high value amount.
Citibank and Bank of America offer the most protection for their customers, each providing three additional dimensions of security.
The most consumer friendly bank in India is Corporation Bank, followed by State bank of India, Axis Bank and Central Bank of India.
Employee Ratings
Punjab National Bank scored higher in 5 areas: Career Opportunities, Compensation & Benefits, Work-life balance, Senior Management and CEO Approval. Bank of Baroda scored higher in 2 areas: % Recommend to a friend and Positive Business Outlook. Both tied in 2 areas: Overall Rating and Culture & Values.
Some of the key results of the comparison between the two banks are: Lowest Interest rate of ICICI Bank Loan is 10.25%, which is lower than the lowest interest rate of Axis Bank at 10.49%. Hence, ICICI Bank is offering a cheaper loan option. ... This makes Axis Bank a better option for Personal Loan.
Public sector banks are known for their better organizational structure and greater penetration in the customer base. The work environment is also relatively less competitive as compared with privately-owned banks and professionals often do not have to focus on meeting targets and being the best performer in a team.
Online banking is generally safe but there are steps you can take to make sure your money stays where you want it and your identity is not stolen: Don't re-use the same passwords for different accounts. Use a strong password. ... Only use secure Wi-Fi networks to access your online banking.
As per RBI's schedule of banks, available on the RBI website, there are 12 nationalised banks, including State Bank of India, which are also known as public sector banks. This is the safest category, due to the ownership of the government of India, at least more than 50%. ... After PSU banks, come private sector banks.
Both Axis Bank and HDFC Limited follow the same formula when it comes to ascertaining the loan amount. But, in terms of interest rates, HDFC is a better option as its highest rate is 8%. Whereas, Axis Bank Home Loan Interest rates are can go upto 8.55%.